Algorand collects $4m seed to support open-source service launch

Blockchain-based payments platform Algorand has bagged a $4m Seed financing round from Pillar and Union Square Ventures.

Billon picks up $2m for ledger-based banking services

Distributed ledger-based payments firm Billon has raised $2m in funding from a collection of unnamed UK investors.

Do you have insights about cryptocurrencies, digital banking and RegTech? Then this regulator wants...

The US might be about to change its rules about cryptocurrencies, RegTech and digital banking in a big way.

BitPesa buys TransferZero to ‘plant deeper roots’ in Europe

BitPesa, a blockchain payments platform for Africa and Europe, has purchased TransferZero, an international, online money transfer platform.

Juzhen rakes in $23m in largest Asian blockchain round

Blockchain post-trade startup Juzhen Financials has raised $23m in a Series A round of funding. The investment was led by Wanxiang Holdings.

Professional social network Indorse closes token sale on around $9m

Token-based social networking platform Indorse has closed its token sale on just over 27,422 ETH.

Cyptorcurrency exchange Binance is being blackmailed by a person claiming to have its KYC...

A person is demanding over $3.6m worth of Bitcoin from Binance, the cryptocurrency exchange, or they will release 10,000 photo that are similar to the know-your-customer (KYC) data the company uses.

R3 strikes partnership with Dubai FinTech startup Wethaq

Enterprise blockchain company R3 has signed a strategic partnership with Wethaq, the Dubai-based FinTech startup, to develop a new financial market infrastructure in Islamic capital markets.

Revealing why CGEX will be destroying its customer data in September

Malta-based cryptocurrency exchange CGEX has announced it is going to delete its data about customers next month.

Another 12 FinTech startups coming out of Y Combinator this year

From automated background checks to cryptocurrency banks, Y Combinator’s second demo day for its latest batch presented a dozen new enterprises to look out for.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.